Strong Dollar, Higher US Wages Boost Philippine Call Centers
==========
The Philippine call center industry is experiencing growth due to a strong US dollar and rising American wages. The industry is projected to become the nation's top foreign exchange earner by 2026. The Philippine peso has weakened nearly 4% this year, making the country a cost-effective destination for business process outsourcing. The industry aims to add 1 million jobs by 2028. Key challenges for the sector include AI, talent shortage, and cyber threats.
#PhilippineCallCenters #UsDollar #AmericanWages #ForeignExchange #BusinessProcessOutsourcing
https://www.bloomberg.com/news/articles/2024-05-03/strong-dollar-higher-us-wages-boost-philippine-call-centers
Bloomberg /
npub187…70f8h
2024-05-03 12:02:05
Author Public Key
npub187n6qweaywrseqqr94653h8knmw2mjlucy06yk4qt4ygw9uekhss470f8hPublished at
2024-05-03 12:02:05Event JSON
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"content": "Strong Dollar, Higher US Wages Boost Philippine Call Centers\n==========\n\nThe Philippine call center industry is experiencing growth due to a strong US dollar and rising American wages. The industry is projected to become the nation's top foreign exchange earner by 2026. The Philippine peso has weakened nearly 4% this year, making the country a cost-effective destination for business process outsourcing. The industry aims to add 1 million jobs by 2028. Key challenges for the sector include AI, talent shortage, and cyber threats.\n\n#PhilippineCallCenters #UsDollar #AmericanWages #ForeignExchange #BusinessProcessOutsourcing\n\nhttps://www.bloomberg.com/news/articles/2024-05-03/strong-dollar-higher-us-wages-boost-philippine-call-centers",
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